by Christopher Nye | Jul 31, 2019
It goes without saying that all eyes are on the Federal Reserve’s interest rate decision today, which will take place at 7pm. A 25 basis point cut is still widely expected, however, it’s unclear as to what Jerome Powell’s message will be surrounding future cuts. The...
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by Christopher Nye | Jul 31, 2019
It’s been a choppy start to the day for euro, with downward pressure from poor-than-expected business confidence figures moderated by positive German inflation and consumer confidence figures. Business confidence for the eurozone fell from 0.17, not to the expected...
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by Christopher Nye | Jul 31, 2019
The pound has risen slightly against both the euro and the dollar this morning, possibly benefitting from their weakness. It also had a boost early this morning from consumer confidence, which, although in the negative, did come in better than expected. Prime Minister...
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by Christopher Nye | Jul 31, 2019
The pound is up against the euro this morning after a choppy day, perhaps boosted by better-than-expected consumer confidence figures early today. Boris Johnson’s tour of the UK continues today with perhaps the most crucial step, holding talks with the five major...
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by Christopher Nye | Jul 31, 2019
We can’t honestly say it’s a surprise. The pivot to serious no-deal planning was on the cards as soon as Boris Johnson put the Cummings-Gove duo in charge of planning Brexit. And when the markets woke up to the fact that it was an active possibility – indeed the...
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